SolarWinds Corp reports results for the quarter ended in December - Earnings Summary

SolarWinds

09/02/2023 14:31

* SolarWinds Corp  SWI.N  reported quarterly adjusted
earnings of
19 cents​​ per share for the quarter ended in December. The mean
expectation of six analysts for the quarter was for earnings of
21 cents per share.
    * Revenue rose 0.2% to $187.07 million from a year ago;
analysts
expected $180.19 million. 
    * SolarWinds Corp's reported EPS for the quarter was a loss
of 6
cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.6%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * SolarWinds Corp shares had risen by 13.8% this quarter.
    * The company reported a quarterly loss of $10.41 million.
    * Wall Street's median 12-month price target for SolarWinds
Corp
is $10.25 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
9 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.21           0.19           Missed
 Sep. 30 2022      0.20           0.20           Met
 Jun. 30 2022      0.20           0.21           Beat
 Mar. 31 2022      0.22           0.24           Beat